You are here

Trade finance to be wild card for banks in 2015

Banks' cross-border exposures are healthy on the whole, says MAS, but warns of the risks of higher exposure

32328463243443.jpg
The burgeoning trade finance business will be a wild card for Singapore banks next year, amid a weakening economic prognosis for the region and a warning by the central bank of the risks of higher cross-border exposure on the overall banking system.

Singapore

THE burgeoning trade finance business will be a wild card for Singapore banks next year, amid a weakening economic prognosis for the region and a warning by the central bank of the risks of higher cross-border exposure on the overall banking system.

The Monetary Authority